UK economy growth slows to 0.4% in Q2 2026
The growth rate of the British economy slowed down in the second quarter of 2026, recording an increase of 0.4% compared to 0.6% in the first quarter, despite being overshadowed by internal disturbances and the repercussions of the war in the Middle East. This is partly attributed to higher corporate revenues in June, linked to the World Cup's impact, especially in the beverages, retail, and media sectors. Despite the decline, overall growth remained robust, with the services sector continuing to be a main driver. However, experts warn that cost pressures and the ongoing war’s impact on inflation and living costs could pose ongoing challenges.
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